Rep. Tim Moore Sells Off Shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Key Points

• Representative Tim Moore sold shares of Super Micro Computer, Inc. (NASDAQ:SMCI) valued between $15,001 and $50,000 on May 2nd, as disclosed in a filing on June 13th.
• Super Micro Computer's stock has shown strong performance with a 52-week high of $73.00 and a market capitalization of $31.34 billion, though it recently reported quarterly earnings below revenue expectations.
• Insider trading activity includes CFO David E. Weigand and CEO Charles Liang selling significant shares, indicating a 43.06% and 0.45% decrease in their respective holdings.

Representative Tim Moore (R-North Carolina) recently sold shares of Super Micro Computer, Inc. NASDAQ: SMCI. In a filing disclosed on June 13th, the Representative disclosed that they had sold between $15,001 and $50,000 in Super Micro Computer stock on May 2nd.

Representative Tim Moore also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of American Airlines Group NASDAQ: AAL on 6/17/2025.
• Purchased $100,001 - $250,000 in shares of American Airlines Group NASDAQ: AAL on 6/16/2025.
• Sold $50,001 - $100,000 in shares of American Airlines Group NASDAQ: AAL on 6/16/2025.
• Sold $100,001 - $250,000 in shares of Apple NASDAQ: AAPL on 6/2/2025.
• Purchased $50,001 - $100,000 in shares of Apple NASDAQ: AAPL on 6/2/2025.
• Sold $50,001 - $100,000 in shares of Harley-Davidson NYSE: HOG on 5/14/2025.
• Sold $250,001 - $500,000 in shares of American Airlines Group NASDAQ: AAL on 5/2/2025.
• Purchased $15,001 - $50,000 in shares of Harley-Davidson NYSE: HOG on 5/1/2025.
• Purchased $15,001 - $50,000 in shares of Super Micro Computer NASDAQ: SMCI on 4/30/2025.
• Purchased $15,001 - $50,000 in shares of American Airlines Group NASDAQ: AAL on 4/22/2025.

Super Micro Computer Trading Up 3.7%

Super Micro Computer stock traded up $1.95 during trading on Friday, hitting $54.47. The company's stock had a trading volume of 34,065,757 shares, compared to its average volume of 33,038,150. Super Micro Computer, Inc. has a 1-year low of $17.25 and a 1-year high of $73.00. The company has a debt-to-equity ratio of 0.38, a quick ratio of 3.95 and a current ratio of 6.66. The stock's fifty day moving average is $45.94 and its 200 day moving average is $39.91. The stock has a market capitalization of $32.51 billion, a price-to-earnings ratio of 28.65, a P/E/G ratio of 2.56 and a beta of 1.43.

Super Micro Computer (NASDAQ:SMCI - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.01. Super Micro Computer had a net margin of 5.61% and a return on equity of 20.41%. The company had revenue of $4.60 billion during the quarter, compared to analyst estimates of $5.40 billion. During the same quarter in the prior year, the business earned $0.66 earnings per share. The business's quarterly revenue was up 19.5% compared to the same quarter last year. As a group, equities research analysts predict that Super Micro Computer, Inc. will post 1.86 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Eastern Bank bought a new stake in shares of Super Micro Computer during the first quarter valued at approximately $29,000. Parkside Financial Bank & Trust boosted its holdings in Super Micro Computer by 2,890.9% in the fourth quarter. Parkside Financial Bank & Trust now owns 987 shares of the company's stock valued at $30,000 after acquiring an additional 954 shares during the last quarter. Larson Financial Group LLC boosted its stake in Super Micro Computer by 902.0% in the fourth quarter. Larson Financial Group LLC now owns 992 shares of the company's stock valued at $30,000 after acquiring an additional 893 shares during the last quarter. AlphaQuest LLC boosted its holdings in Super Micro Computer by 233.0% during the fourth quarter. AlphaQuest LLC now owns 1,089 shares of the company's stock worth $33,000 after buying an additional 762 shares during the last quarter. Finally, Bernard Wealth Management Corp. bought a new position in shares of Super Micro Computer during the fourth quarter worth $33,000. 84.06% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on SMCI. Mizuho raised their price objective on Super Micro Computer from $40.00 to $47.00 and gave the company a "neutral" rating in a research note on Thursday, July 3rd. Bank of America assumed coverage on shares of Super Micro Computer in a report on Wednesday, July 9th. They set an "underperform" rating and a $35.00 price target for the company. Raymond James Financial started coverage on shares of Super Micro Computer in a report on Wednesday, June 25th. They issued an "outperform" rating for the company. Wall Street Zen upgraded Super Micro Computer to a "sell" rating in a report on Thursday, May 8th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $39.00 price objective on shares of Super Micro Computer in a research report on Wednesday, May 7th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, Super Micro Computer has a consensus rating of "Hold" and a consensus target price of $42.89.

Insiders Place Their Bets

In other Super Micro Computer news, CFO David E. Weigand sold 67,000 shares of Super Micro Computer stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $44.02, for a total value of $2,949,340.00. Following the transaction, the chief financial officer owned 88,599 shares of the company's stock, valued at approximately $3,900,127.98. The trade was a 43.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Charles Liang sold 300,000 shares of the business's stock in a transaction on Wednesday, June 18th. The shares were sold at an average price of $45.00, for a total transaction of $13,500,000.00. Following the completion of the sale, the chief executive officer directly owned 66,903,640 shares in the company, valued at $3,010,663,800. This represents a 0.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 667,000 shares of company stock worth $29,949,340. Corporate insiders own 17.60% of the company's stock.

About Representative Moore

Timothy K. Moore (Republican Party) is a member of the U.S. House, representing North Carolina's 14th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Moore (Republican Party) ran for election to the U.S. House to represent North Carolina's 14th Congressional District. He won in the general election on November 5, 2024. Moore served as speaker of the House from 2015 to 2025. Timothy Moore earned his B.A. from the University of North Carolina-Chapel Hill in 1992 and his J.D. from the Oklahoma City University School of Law in 1995. His professional experience includes working as an attorney.

Super Micro Computer Company Profile

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.